How Long Does it Take to Get Money From a Cash-Out Refinance?

How Long Does it Take to Get Money From a Cash-Out Refinance?

The type of real estate transaction you conduct determines when the funding takes place. In most cases, purchase closings fund right at the closing, unless you live in a dry closing state, then it may take a few days. Refinances fund three business days after the closing because you have a ‘three day right of rescission,’ this gives you time to change your mind and cancel the loan. Continue reading How Long Does it Take to Get Money From a Cash-Out Refinance?